HEREFORD -T-

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150205District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Jun 1994 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
384
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 182 leases and 182 wells, and the rule below applies to all of them.

Discovered
1986-07-30
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/94.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-08-20144469
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition48,337 bbl$885,121
GasProduction5,997,068 Mcf$7,137,483
Total$8,022,604

3,988,687 Mcf of this lease's gas, across 31 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.3490, -99.3976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34899, -99.39760 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,200 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,200 ft.

Completions filed
Jun 1994
1 of 1 wells

1 well

42-47936079408,200 ftJun 1994

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (384)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

384 months

May 20265882106.413.05$3,218
Apr 2026498698.932.87$3,225
Mar 2026481389.753.15$2,919
Feb 2026076363.503.75$2,861
Jan 2026495959.138.00$7,907
Dec 202541,06956.664.41$4,945
Nov 202541,06558.593.93$4,416
Oct 202541,05559.383.30$3,724
Sep 2025493962.743.08$3,140
Aug 2025492363.933.01$3,038
Jul 2025496766.743.32$3,473
Jun 2025497266.483.13$3,307
May 202541,00660.553.23$3,494
Apr 202541,02362.363.54$3,874
Mar 202541,01667.704.27$4,607
Feb 2025496870.884.34$4,485
Jan 202541,12574.324.28$5,111
Dec 2024891268.993.12$3,399
Nov 202431,10169.052.20$2,628
Oct 2024395371.372.28$2,388
Sep 2024394369.612.36$2,438
Aug 2024590775.632.06$2,250
Jul 2024391379.932.15$2,200
Jun 2024586078.082.63$2,656
May 2024385578.812.20$2,116
Apr 2024783784.451.66$1,980
Mar 2024393480.301.55$1,684
Feb 2024384676.091.78$1,737
Jan 2024487373.023.30$3,171
Dec 202381,06871.262.61$3,358
Nov 202341,05277.892.81$3,265
Oct 202331,14285.443.09$3,782
Sep 202371,02189.042.74$3,416
Aug 202341,10880.522.67$3,284
Jul 202381,26474.852.64$3,938
Jun 202351,43468.962.26$3,583
May 2023111,12770.622.23$3,287
Apr 202351,30978.122.24$3,320
Mar 202341,34872.852.39$3,517
Feb 202351,08575.112.47$3,051
Jan 202351,43776.533.39$5,251
Dec 2022101,51876.415.73$9,461
Nov 202241,25285.005.65$7,409
Oct 202281,22687.185.86$7,886
Sep 202241,17484.888.16$9,924
Aug 202241,32394.529.13$12,453
Jul 202231,193101.587.54$9,302
Jun 202271,190115.097.98$10,299
May 202241,298109.378.43$11,384
Apr 202241,378104.226.84$9,839
Mar 202281,399108.885.08$7,973
Feb 202281,38591.054.86$7,458
Jan 202241,51181.844.54$7,184
Dec 202141,44471.323.90$5,916
Nov 202101,19077.435.24$6,232
Oct 2021782479.795.71$5,267
Sep 202131,03169.865.35$5,726
Aug 202171,17766.024.22$5,430
Jul 202141,16770.783.98$4,930
Jun 202141,14069.493.38$4,132
May 202181,27463.483.02$4,352
Apr 202181,29560.362.76$4,055
Mar 202181,63361.302.72$4,927
Feb 202141,45157.805.55$8,281
Jan 202141,62350.412.81$4,763
Dec 202041,52244.642.68$4,251
Nov 202081,49738.772.71$4,362
Oct 202071,49536.972.48$3,964
Sep 202081,34837.091.99$2,981
Aug 202081,43539.982.39$3,742
Jul 202041,53338.371.83$2,951
Jun 202081,47534.901.69$2,772
May 202041,48616.921.81$2,764
Apr 202081,49414.751.80$2,814
Mar 202081,51030.341.86$3,046
Feb 202081,43549.881.98$3,241
Jan 202041,58057.252.09$3,539
Dec 2019101,65159.012.30$4,395
Nov 201941,44055.302.75$4,182
Oct 201931,41153.472.42$3,573
Sep 201961,35855.052.66$3,939
Aug 201981,34553.112.30$3,524
Jul 201931,45956.272.46$3,758
Jun 201931,24652.782.49$3,262
May 201961,25358.482.74$3,785
Apr 201931,14862.632.75$3,346
Mar 201961,23756.803.06$4,129
Feb 201931,23750.852.79$3,607
Jan 201941,22346.033.23$4,132
Dec 201861,27446.594.19$5,612
Nov 201831,19552.934.24$5,222
Oct 201831,23261.443.40$4,371
Sep 201891,23959.543.11$4,387
Aug 201801,23559.403.07$3,787
Jul 201861,40265.142.93$4,501
Jun 201831,26260.183.08$4,064
May 201801,38365.382.90$4,012
Apr 201801,30663.842.90$3,788
Mar 201801,37061.222.79$3,818
Feb 201801,29361.782.77$3,577
Jan 201801,40062.874.01$5,613
Dec 201701,39257.272.92$4,067
Nov 201701,47455.423.12$4,596
Oct 201701,56649.292.98$4,672
Sep 201701,50647.523.09$4,649
Aug 201701,48945.373.00$4,474
Jul 201701,46743.873.09$4,529
Jun 201701,49442.493.09$4,612
May 201711,66445.373.26$5,476
Apr 201701,58947.933.21$5,103
Mar 201701,49346.772.98$4,455
Feb 201701,42950.452.95$4,219
Jan 201701,36049.413.42$4,650
Dec 201601,46248.763.72$5,443
Nov 201601,39742.492.64$3,694
Oct 201601,38546.193.09$4,280
Sep 201601,59641.553.10$4,949
Aug 201601,88441.442.92$5,509
Jul 201601,36941.622.92$4,003
Jun 201601,52345.352.69$4,091
May 201601,62442.521.99$3,233
Apr 201601,57436.561.99$3,134
Mar 201601,46933.011.79$2,635
Feb 201621,34626.472.06$2,831
Jan 201601,49427.352.36$3,532
Dec 201501,57032.362.00$3,142
Nov 201501,41938.792.17$3,075
Oct 201501,66343.552.43$4,035
Sep 201501,12442.992.76$3,100
Aug 2015079240.162.87$2,275
Jul 2015089748.152.95$2,642
Jun 2015089956.152.88$2,592
May 201501,25655.212.96$3,712
Apr 201501,27549.822.71$3,451
Mar 201501,66742.892.93$4,892
Feb 201501,58944.662.98$4,729
Jan 201502,26143.433.10$7,011
Dec 201402,50954.693.59$9,011
Nov 201402,19070.464.25$9,312
Oct 201402,52378.303.90$9,842
Sep 201402,31786.164.05$9,373
Aug 201402,30789.394.04$9,309
Jul 201402,36296.564.18$9,872
Jun 201402,28198.164.74$10,805
May 201402,16194.734.73$10,214
Apr 201402,07695.944.81$9,984
Mar 201402,20295.895.06$11,135
Feb 201401,89997.406.19$11,759
Jan 201402,19790.404.86$10,679
Dec 201302,06991.824.35$9,009
Nov 201302,05088.853.74$7,663
Oct 201302,39197.423.78$9,036
Sep 201302,239104.113.72$8,324
Aug 201303,789104.253.52$13,347
Jul 201302,387102.523.72$8,874
Jun 201302,45694.403.93$9,660
May 201302,41594.834.15$10,020
Apr 201302,47793.964.28$10,608
Mar 201302,51593.623.91$9,841
Feb 201303,75291.233.42$12,832
Jan 201302,43691.603.42$8,331
Dec 201202,88586.773.42$9,867
Nov 201202,87586.953.62$10,422
Oct 201202,64889.383.40$9,002
Sep 201202,68094.672.92$7,821
Aug 201202,73092.662.91$7,939
Jul 201201985.133.02$57
Jun 201212,32179.822.52$5,927
May 201202,55291.612.49$6,350
Apr 201202,541101.652.00$5,074
Mar 2012182,300105.052.22$7,002
Feb 201202,240101.102.57$5,757
Jan 201203,09298.092.73$8,454
Dec 201103,20396.873.24$10,377
Nov 201103,14395.723.31$10,407
Oct 201103,43184.983.65$12,518
Sep 201103,00183.623.99$11,961
Aug 201103,09983.404.15$12,859
Jul 201103,18394.144.52$14,378
Jun 201103,17192.904.64$14,713
May 201103,07698.134.40$13,549
Apr 20111693,060105.964.33$31,167
Mar 201103,27896.364.06$13,300
Feb 201132,99485.644.18$12,772
Jan 201103,28586.504.59$15,074
Dec 201003,28485.734.35$14,278
Nov 201003,29980.843.80$12,521
Oct 201003,45878.103.51$12,134
Sep 201003,21272.633.98$12,782
Aug 201003,52373.684.42$15,569
Jul 201002,97472.554.74$14,086
Jun 201003,33270.364.91$16,361
May 201003,37571.124.24$14,294
Apr 201003,31381.694.12$13,658
Mar 201003,51778.394.39$15,435
Feb 201003,26573.585.44$17,769
Jan 201003,32774.365.96$19,843
Dec 200903,13271.445.48$17,175
Nov 200903,12674.593.75$11,727
Oct 200902,29372.544.11$9,425
Sep 200922,10365.543.06$6,576
Aug 200922,08667.423.22$6,849
Jul 200922,23361.133.46$7,858
Jun 200922,10166.163.90$8,316
May 200982,15154.743.93$8,882
Apr 200942,04946.773.59$7,538
Mar 200942,21642.144.06$9,163
Feb 200921,94632.814.63$9,081
Jan 200922,07835.865.37$11,233
Dec 200852,03037.105.98$12,319
Nov 200842,02355.496.86$14,100
Oct 200822,01175.246.92$14,071
Sep 200841,897101.767.88$15,350
Aug 200842,084114.228.48$18,135
Jul 200842,032131.0811.39$23,668
Jun 200851,911131.3313.03$25,562
May 200832,039123.1711.57$23,969
Apr 200821,993110.3110.45$21,057
Mar 200832,069101.909.66$20,301
Feb 200832,00792.538.77$17,880
Jan 200832,15290.388.21$17,930
Dec 200731,91988.337.30$14,277
Nov 200701,79791.677.29$13,103
Oct 2007132,15082.856.92$15,959
Sep 200702,42475.846.24$15,136
Aug 200752,48569.066.39$16,219
Jul 200722,29870.906.39$14,821
Jun 200752,19762.007.55$16,894
May 200752,40558.747.85$19,164
Apr 200782,35259.617.81$18,835
Mar 200752,41656.927.30$17,926
Feb 200722,01355.108.22$16,649
Jan 200742,35050.306.73$16,009
Dec 200692,19556.656.92$15,696
Nov 200642,05654.207.62$15,878
Oct 200632,28954.906.01$13,930
Sep 2006283,95160.085.04$21,584
Aug 2006137,11668.717.34$53,124
Jul 2006158,25369.376.34$53,387
Jun 2006178,62966.286.38$56,213
May 2006209,51266.016.42$62,435
Apr 2006124,86564.397.36$36,581
Mar 2006214,88656.707.08$35,798
Feb 2006203,51457.597.75$28,389
Jan 2006214,42460.598.93$40,793
Dec 200573,74454.9413.42$50,612
Nov 2005134,06654.6910.59$43,763
Oct 200583,26558.3413.80$45,510
Sep 200562,70861.4512.08$33,079
Aug 2005143,61761.519.80$36,296
Jul 200542,58755.697.84$20,514
Jun 200562,45952.337.38$18,464
May 200542,67545.226.65$17,973
Apr 2005182,84249.207.36$21,804
Mar 2005183,36250.377.15$24,961
Feb 20051317,18245.226.31$51,256
Jan 200595,51643.166.32$35,262
Dec 2004162,90939.866.75$20,277
Nov 2004102,90945.286.33$18,868
Oct 2004136,24749.706.52$41,346
Sep 2004135,44143.245.28$29,312
Aug 200433,18842.375.55$17,823
Jul 2004112,04838.286.08$12,881
Jun 2004136,69736.106.43$43,551
May 2004747,10437.486.49$48,911
Apr 200495,44334.475.86$32,198
Mar 2004266,44834.365.53$36,552
Feb 2004166,89832.455.51$38,525
Jan 2004337,44932.036.30$47,983
Dec 2003186,78330.266.30$43,289
Nov 200393,12228.804.60$14,605
Oct 2003255,69128.174.76$27,791
Sep 20031757,15226.314.75$38,572
Aug 2003177,66029.765.13$39,800
Jul 2003127,53929.415.17$39,336
Jun 200385,17128.565.98$31,166
May 2003306,12026.595.97$37,351
Apr 2003146,52726.675.41$35,667
Mar 2003547,84031.146.10$49,475
Feb 2003367,38733.487.93$59,754
Jan 2003368,07930.315.58$46,188
Dec 2002377,70526.914.85$38,394
Nov 2002357,57824.664.14$32,213
Oct 2002167,31026.464.23$31,338
Sep 2002207,04427.443.64$26,155
Aug 2002176,42625.963.16$20,774
Jul 200208,57324.583.06$26,248
Jun 200206,52523.733.34$21,782
May 200208,32524.663.58$29,837
Apr 200208,33323.653.51$29,268
Mar 2002908,83222.003.10$29,383
Feb 200208,80818.222.38$20,925
Jan 2002010,33517.172.38$24,553
Dec 2001010,29816.932.36$24,349
Nov 2001010,00118.072.41$24,058
Oct 20017310,24719.782.53$27,357
Sep 2001539,39324.262.25$22,432
Aug 2001011,23324.873.05$34,296
Jul 2001011,47623.933.20$36,690
Jun 2001011,38624.563.82$43,542
May 2001012,82025.524.31$55,220
Apr 200115711,35624.685.34$64,463
Mar 2001010,70124.545.38$57,533
Feb 200107,91427.755.77$45,641
Jan 200109,19727.478.40$77,243
Dec 2000011,89626.889.12$108,521
Nov 2000010,39532.215.66$58,815
Oct 200006,17731.235.15$31,784
Sep 200003,96531.875.19$20,564
Aug 2000010,06429.644.54$45,698
Jul 2000011,26828.534.09$46,083
Jun 200016611,65429.304.40$56,109
May 2000012,60627.263.68$46,387
Apr 2000013,10524.513.12$40,835
Mar 2000014,51928.422.86$41,521
Feb 2000013,94127.622.73$38,010
Jan 200016513,65125.272.48$38,031
Dec 1999016,41524.282.42$39,785
Nov 1999015,57323.192.43$37,905
Oct 1999015,41020.982.80$43,205
Sep 199916615,73421.752.62$44,815
Aug 1999016,84919.262.88$48,451
Jul 1999016,23617.892.37$38,518
Jun 1999016,29615.942.36$38,493
May 199915317,40115.792.32$42,804
Apr 1999016,46415.102.21$36,353
Mar 1999018,94112.471.84$34,820
Feb 199915621,0309.981.82$39,785
Jan 1999019,29010.381.90$36,650
Dec 1998019,6209.201.77$34,793
Nov 199816819,20210.892.19$43,800
Oct 1998022,02212.421.97$43,366
Sep 1998022,69412.592.08$47,263
Aug 199816022,90511.301.91$45,496
Jul 1998023,47411.742.24$52,518
Jun 1998023,11411.242.24$51,712
May 199816225,08612.622.21$57,393
Apr 1998026,99313.042.51$67,626
Mar 1998028,54412.802.31$65,921
Feb 199817225,95913.952.30$62,083
Jan 1998031,68914.702.15$68,283
Dec 1997031,74016.322.41$76,528
Nov 199717231,69918.193.09$101,023
Oct 1997035,28519.253.15$111,141
Sep 199720235,71517.742.95$109,117
Aug 1997040,67217.862.55$103,906
Jul 199716547,20417.582.25$108,965
Jun 199716847,20417.242.26$109,445
May 199717342,65518.972.31$101,751
Apr 199718141,01617.882.08$88,664
Mar 199718143,90418.951.94$88,566
Feb 199718444,25220.492.21$101,386
Jan 199729149,39523.483.54$181,676
Dec 199635251,84423.32$8,209
Nov 199617554,54621.97$3,845
Oct 199617359,31323.31$4,033
Sep 199632364,63022.22$7,177
Aug 199634070,52520.26$6,888
Jul 199634560,61019.55$6,745
Jun 199615170,58118.73$2,828
May 199646077,89919.43$8,938
Apr 199647580,63521.51$10,217
Mar 199661792,34219.38$11,957
Feb 199653791,85216.98$9,118
Jan 1996695108,86117.07$11,864
Dec 1995729112,15717.19$12,532
Nov 1995720112,83616.00$11,520
Oct 1995903125,04615.43$13,933
Sep 1995910128,15416.18$14,724
Aug 19951,162143,61315.92$18,499
Jul 19951,085162,48815.24$16,535
Jun 19951,640179,97216.41$26,912
May 19951,819190,67217.56$31,942
Apr 19952,199196,37117.73$38,988
Mar 19952,579198,36416.44$42,399
Feb 19952,359170,46416.58$39,112
Jan 19952,581184,04415.92$41,090
Dec 19942,692181,12415.03$40,461
Nov 19943,095187,48315.90$49,211
Oct 19943,065194,16115.58$47,753
Sep 19943,303200,93815.29$50,503
Aug 19943,542196,27316.13$57,132
Jul 19942,656163,12017.56$46,639
Jun 19941,08377,76917.09$18,508

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $106.41 =       $532
Gas                  882 Mcf  × $  3.05 =     $2,686

────────────────────────────────────────────────────
Month total                                   $3,218

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/150205 is the state's own key, not one this site invented.